GOP senators mull cutting tax break for wealthy

Republican senators seeking to retool their troubled health care bill are considering dropping a tax break on investments for higher-income families in order to expand access to subsidies for health care coverage. Sen. Mike Rounds, R-S.D., told the Washington Examiner that Republican leadership will explore his idea of cutting the 3.8 percent tax break on investment income for families making more than $ 250,000 per year. The extra money could be used to expand access to subsidies for the health insurance exchanges to spouses of people who receive health insurance through their job but are ineligible for coverage.